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We also have learned this afternoon about how the military is getting more involved in this response to the crisis. President trump says he is signing the defense production act which authorizes him to ramp up production of critical supplies such as medical equipment and protective gear for health care workers. We never had to even think in terms of these numbers but we need millions of masks and all of that will be ordered. We need respirators. Ventilators is a big thing. Reporter the pentagon is also deploying two Military Hospital ships. Hospital ships mercy and natis dicialerted oy of fiel...

We continue to see a solid bid today for some of the risk havens, we are seeing the german tenyear bid with 38 basis points. If you are equity performances going in one direction, your bond performance is going in the other. Those mainly balancing each other out in a balanced portfolio. Vonnie lets get to the markets. We have the dow down more than 4 . Down 7 since the inauguration and that means it has erased all of its losses since the election. Just one metric. You can also look at how much of the bull market in previous times has been erased so far. It was a 57 erasure in the 1987 crash. W...

Rally, talk about a turnaround. South korea, hong kong, japan investors moving away from haven place. Remember, china had been quite an out performer. The hang seng currently up 3 . We are hearing chinese buyers are buying up those stocks in hong kong. Lets look at where futures are setting up. We see futures pointing to a higher open. It has been a volatile right. Ride. Futures volatile equity futures down about 1 despite jumps in the s p 500 and the dow. Aide, saying that the deal may not be up and running just yet. Flip the page and look at where we are, the kiwi dollar tokening further, st...

New york stats state we have full Team Coverage stooefr steve is all over the unprecedented action the package has hit some snags what is the latest the out come is looking like the same one we got last night with democrats not signing onto advance the 1. 6 plus trillion dollar stimulus package. We have a vote right now of 4442. 44 yays. 42 nays. You need 60 votes to pass it its difficult with five in swe selfquarantine. Bernie sanders not voted last night. He was following this from afar and following this in negotiations from there. Senator Chuck Schumer said today this vote is meaningless t...

Smooth provision of credit to the real economy lets go over to frankfurt where Chelsea Delaney is standing by for us our financial correspondent chelsea tell me about the carnage on exchanges it does not look like a good day. No the markets were are really taking a beating before the e. C. V. Decision and this really just it was a surprise and a big disappointment for investors they had pretty much across the board been expecting a cut in the and the main Interest Rate and the e. C. B. Did not do that so were obviously seeing a shake out in the market right now but there had already really bee...